Introducing an Unbelievable Opportunity with Rare Zoning Flexibility! This exceptional lot offers nearly 90% of all commercial uses permitted within the city—a truly unique find! Whether you envision a thriving business hub or a residential multi-family development, the possibilities are endless.
A conceptual plan has already been designed for a 36-unit complex featuring spacious 1- and 2-bedroom apartments. But here''s where it gets even more exciting—with a senior housing project, you could potentially secure approval for over 70 units of efficiency and 1-bedroom apartments!
Located just 2 minutes from the 210 Freeway, 6 minutes from the 15 Freeway, and a quick drive to the 10 Freeway, this lot is in prime proximity to everything. And with new homes by D.R. Horton being built just down the street, this area is poised for growth! The 36 units, if constructed, would command premium rents and be exempt from rent control for the first 15 years due to their new construction status. The potential resale value of these units, once built, is estimated at over $15 million, or you could retain them for a substantial cash flow investment.
For more details contact the Fontana Planning Department…
Don’t miss out on this extraordinary opportunity!
A conceptual plan has already been designed for a 36-unit complex featuring spacious 1- and 2-bedroom apartments. But here''s where it gets even more exciting—with a senior housing project, you could potentially secure approval for over 70 units of efficiency and 1-bedroom apartments!
Located just 2 minutes from the 210 Freeway, 6 minutes from the 15 Freeway, and a quick drive to the 10 Freeway, this lot is in prime proximity to everything. And with new homes by D.R. Horton being built just down the street, this area is poised for growth! The 36 units, if constructed, would command premium rents and be exempt from rent control for the first 15 years due to their new construction status. The potential resale value of these units, once built, is estimated at over $15 million, or you could retain them for a substantial cash flow investment.
For more details contact the Fontana Planning Department…
Don’t miss out on this extraordinary opportunity!
Property Details
Price:
$1,629,000
MLS #:
PW24205853
Status:
Active
Baths:
0
Address:
16227 Baseline Ave
Type:
Land
Neighborhood:
264fontana
City:
Fontana
Listed Date:
Oct 1, 2024
State:
CA
ZIP:
92336
Lot Size:
74,052 sqft / 1.70 acres (approx)
See this Listing
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Lot Features
36-40 Units/ Acre, Lot Over 40000 Sqft, Over 40 Units/ Acre, Utilities – Overhead, Value In Land
View
Mountain(s)
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address16227 Baseline Ave Fontana CA
- Area264 – Fontana
- CityFontana
- CountySan Bernardino
- Zip Code92336
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Courtesy of Lifetime Realty Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
16227 Baseline Ave
Fontana, CA
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